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Commercial Directory · Retail · District 12

Monville Mansions

2 sales from Jun 2022 to Sept 2022, at a median $1,423 psf (Jun 2022 to Sept 2022).

District 12 At a glance

Median psf, all sales
$1,423
Sales since Jun 2022
2
Latest sale, Sept 2022
$1,568 psf
Tenure
Freehold

2 of 2 sellers with a known purchase price sold for more than they paid; the median made 6.3% a year.

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2 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
5 Sept 2022Retail12,347$3,680,000$1,568ResaleMar 2018, $2.75M$930k6.7%
6 Jun 2022Retail12,347$3,000,000$1,278ResaleMar 2018, $2.35M$650k5.9%

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Monville Mansions Questions

How much does a unit at Monville Mansions cost?

2 unit sales at Monville Mansions from Jun 2022 to Sept 2022 went for $1,278 to $1,568 psf, a median $1,423 psf on units of 2,347 to 2,347 sq ft. The latest, in Sept 2022, was $3,680,000 for 2,347 sq ft ($1,568 psf).

Did sellers at Monville Mansions make money?

2 of 2 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $790k, 6.3% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Monville Mansions?

The sales here are retail units in District 12 (Rest of Central Region), most on a freehold title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 12 Nearby buildings

All 302 buildings